Word: summed
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...most college concerts are heavily subsidized. Whether through administrations’ budgets or large term-billed fees, other colleges support their shows through subsidies in excess of $100,000. In contrast, our negotiations with artists are made possible by a $30,000 allocation from the Undergraduate Council (UC). This sum is one half to one third of artist fees and total production costs can easily exceed six figures. Also, to pull back the veil of secrecy, here’s a picture of how much artists charge: Wyclef asks $45,000; Bob Dylan, $105,000; The Killers, $150,000-plus...
...impulses in humanity's behavioral portfolio, ambition--that need to grab an ever bigger piece of the resource pie before someone else gets it--ought to be one of the most democratically distributed. Nature is a zero-sum game, after all. Every buffalo you kill for your family is one less for somebody else's; every acre of land you occupy elbows out somebody else. Given that, the need to get ahead ought to be hard-wired into all of us equally...
With the announcement earlier this year that Harvard’s endowment has reached the astronomical sum of $25.9 billion, I’m sure we’ve all been wondering: on what, exactly, has the University been spending its incredible wealth...
...occasion to visit, that can’t be the case. Perhaps hiring and training better teaching fellows? Clearly not—no explanation required. No, while any of these other worthwhile endeavors would seem a logical place to start utilizing such an abundant sum of money, I’ve figured out what’s really going on—they’re spending the money on ice cream...
...throw parties, make sure they’re well attended, and that they are of a better quality on a more consistent basis,” said UC President Matthew J. Glazer ’06. Gutierrez added that the UC planned to monitor more closely how the larger sums granted to these parties are spent. Last night, the UC also passed a bill to provide House Committees (HoCos) with their funding for the semester up front. This change marks a departure from previous years, in which the HoCos laid out money for their expenditures and were subsequently reimbursed...